$Gold - main 2304(GCmain)$ had a very strong start into the new trading year, while silver $Silver - main 2303(SImain)$ is consolidating since mid-December.While the weekly chart remains bullish, the rally in gold has lost its momentum on the daily chart. A pullback towards 1,900 & 1,770 would be a buy.Seasonality remains bullish until the end of February, at least. Sentiment and Commitments of Traders report, however, are neutral.Due to the bitter dispute about the debt ceiling, one-year insurance costs against a U.S. default have jumped vertically.ssucsyJust a few months ago, financial markets had been under severe pressure, driven by a rising interest rates and a stronger US-Dollar. Yet, si

SummarySince the triple bottom last autumn, Gold is up $430 or nearly 27%. Silver is up 50% over the last eight months.With an overbought weekly chart and growing negative divergences, the air is getting thinner for the precious metals and a pullback could start soon.Statistically, seasonality for gold remains unfavorable until midsummer.However, the banking crisis, the dollar crisis and the geopolitical crisis should all keep a bid below the gold price. Hence, pullbacks might end somewhere between $1,900 and $1,930.Overall, we expect a topping process followed by a pullback and a new buying opportunity in July or August.American Eagle Gold Coin Bullion Investment ObverseWhile US regulators are racing to secure the sale of California bank First Republic

After reaching a new all-time high of USD 2,790 on October 30th, 2024, gold $Gold - main 2502(GCmain)$ prices experienced a sharp and rapid pullback, hitting a low of USD 2,535 on November 14th. This correction was driven by a combination of speculative profit-taking and broader market dynamics following the U.S. Presidential election. However, geopolitical tensions soon reignited demand for gold as a safe-haven asset, leading to a swift rebound to USD 2,720. From there, another sudden wave of selling pressure emerged, reflecting ongoing volatility in the gold-market.In the past two weeks, however, gold has demonstrated remarkable resilience, consistently attracting buyers on dips toward the USD 2,610 to USD 2,625 range. This “buy-on-dip” beha

Gold prices have been under pressure for the past two months, reaching a new low at USD $1,885 on August 21st.The correction that began in May is still ongoing, with the bears struggling to push prices significantly below USD $1,900.The seasonal pattern for gold suggests caution and patience until mid-December, while the daily chart shows potential for a bullish move above USD $1,930.Above USD $1,985 the market will shift its focus on a breakout to new all-time highs. In late April, we timely warned about a topping process in the gold market and expected prices to pull back towards USD $1,900 over the following weeks. On June 29th, with gold reaching an intraday low at USD $1,893, we turned bullish. After a nice bounce back towards USD $1,987, we urged some caution and expected another pul

SummaryGold prices have failed to break through the resistance zone of USD 2,070, leading to a correction in the gold market over the past seven weeks - a decline of about 7.6%.Despite the correction, gold has seen a small increase of 4.4% since the start of the year but the performance of gold mining stocks has been disappointing, with industry giant Newmont Corporation seeing a decline of 16.14% since January.While seasonality is slowly but surely turning positive, gold is in search of its typical early summer low from which another run towards about USD 2,070 is expected.As liquidity remains the pivotal piece of the macro puzzle, once the Federal Reserve announces a reversal in its monetary policy, gold price is expected to rise.In the bigger picture, gold will likely break out to news

SummaryGold prices have broken out to a new all-time high, signaling the end of a 13-year correction and consolidation phase.The weekly chart suggests a medium-term price target of USD 2,535, with the potential for even higher prices in the longer term.The sentiment in the gold market is still neutral, leaving room for further price increases.With Chinese citizen as well as the People's Bank of China being on a buying spree, the gold price is now made in China.American Eagle Gold Coin Bullion Investment ObverseReviewAfter a sharp two-month rise to a new all-time high of USD 2,149 on December 4th, the gold $Gold - main 2404(GCmain)$ market experienced a sharp pullback to USD 1,973 in the final weeks of the old trading year, followed by a rapid

Gold prices have surged by nearly $200 or 11% in the past three weeks, reaching $2,046.If gold can close above $2,000 by the end of November, it would mark the first monthly closing above this significant threshold.The weekly and daily charts indicate a bullish outlook for gold, with a potential breakout rally expected in the coming months.Liberty Gold Eagle one ounce coinIn the last two months, gold has attracted attention with a strong performance. It looks as if the long and tough 12-year consolidation is coming to an end.ReviewCommencing from the low on October 6th at USD 1,810, the price of gold surged by nearly USD 200 or 11% in the subsequent three weeks, reaching USD 2,009. A two-week retracement brought the prices back to the 200-day moving average (back then at USD 1,933) by mid-

Gold is very oversold and ripe for a strong bounce, at least. Since 1,615-1,620 USD has held two times, a double bottom might have started a relief rally. The latest COT numbers are very bullish. The beaten down sentiment provides a strong contrarian buy signal! In our last in-depth gold analysis we saw gold on the brink of the abyss and feared that the support around 1,680 USD would not hold. Indeed, two weeks later gold broke through this support and the following sell-off only stopped at 1,615 USD. Gold (XAUUSD:CUR) – In search of a bottom.ReviewWith the early failure of the summer rally at 1,807 USD, the outlook for the gold market quickly deteriorated again since mid-August. As a result, the bears were able to push gold prices without much resistance below the important support at 1,6

Since early March, gold has lost almost $400 USD during the global asset price meltdown. Since the recent low at $1,681 USD, a trend reversal has happened and gold started a recovery wave up. The current CoT report for gold can be classified as cautiously bullish. Sentiment is extremely pessimistic, as asset managers currently hold the second-lowest cumulative number of gold and silver futures contracts in their client portfolios in a long-term comparison over the past 16 years. With a buy signal on the daily chart, a bombed-out sentiment and the very favorable seasonal component, there are currently three strong arguments on the table for an imminent summer rally in the gold market.It's been three and half tough months for gold and silver investors. Stock market and crypto investors have